Sales of Lithium Ion Batteries to Hit $22 Billion

January 24, 2013

DETROIT—Sales of lithium ion batteries are expected to grow from $1.6 billion in 2012 to $22 billion by 2020, according to a report from Pike Research. MORE

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Since cobots burst onto the manufacturing scene a decade ago, they have transformed many factory floors and made automation more accessible to smaller manufacturers. These next-generation machines can control force and work safely next to people on assembly lines without traditional safety guarding.

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